Housing Loan deduction
This query is : Resolved
26 March 2010
Sir,
My one collegue has given me proof of housing loan it contains break-up as below
Principal Amt. for 1-4-09 to 31-3-10 = Rs. 9588.00
Interest Amt. for the above period = Rs. 14592
Total - Rs. 24180/-
I want to know under which section principal amount and interest are to be considered
Awaiting reply with complete details
Thanks in advance
Tribhuvan Purohit
My one collegue has given me proof of housing loan it contains break-up as below
Principal Amt. for 1-4-09 to 31-3-10 = Rs. 9588.00
Interest Amt. for the above period = Rs. 14592
Total - Rs. 24180/-
I want to know under which section principal amount and interest are to be considered
Awaiting reply with complete details
Thanks in advance
Tribhuvan Purohit
26 March 2010
Under section 24 u can claim the interest Rs.14,592. and u/s 80 C u can claim the principal amount of Rs. 9,588.
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26 March 2010
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